Skip to main content

Full text of "[untitled] The Economic Bulletin, (1909-04-01), pages 32-33"

See other formats


STOP 



Early Journal Content on JSTOR, Free to Anyone in the World 

This article is one of nearly 500,000 scholarly works digitized and made freely available to everyone in 
the world by JSTOR. 

Known as the Early Journal Content, this set of works include research articles, news, letters, and other 
writings published in more than 200 of the oldest leading academic journals. The works date from the 
mid-seventeenth to the early twentieth centuries. 

We encourage people to read and share the Early Journal Content openly and to tell others that this 
resource exists. People may post this content online or redistribute in any way for non-commercial 
purposes. 

Read more about Early Journal Content at http://about.jstor.org/participate-jstor/individuals/early- 
journal-content . 



JSTOR is a digital library of academic journals, books, and primary source objects. JSTOR helps people 
discover, use, and build upon a wide range of content through a powerful research and teaching 
platform, and preserves this content for future generations. JSTOR is part of ITHAKA, a not-for-profit 
organization that also includes Ithaka S+R and Portico. For more information about JSTOR, please 
contact support@jstor.org. 



32 THE ECONOMIC BULLETIN 

capital," would certainly not have been made had the subject been 
more broadly treated. Of all the state debts incurred down to 
1838 over one-quarter, or $43,000,000, were for the purpose of aid- 
ing railways; a debt of probably even greater magnitude was 
placed upon the local governments for this purpose; and large sums 
in addition were given outright by both state and local units. 

The errors into which the author has fallen are those of lack of 
discrimination rather than of misstatement of fact. In this last 
respect the volume may indeed be relied upon with full assurance 
of accuracy, and it is for his service in this regard that the author 
deserves our thanks. It is doubtful, however, whether the read- 
ableness or utility of the volume is enhanced by a subdivision of its 
273 pages into three " books" and twenty-three chapters. 

t, . , TT . ., Ernest L. Bogart. 

rnnceton University. 

The Book of Wheat, an Economic History and Practical Manual of 
the Wheat Industry. By Peter Tracy Dondlinger, formerly 
Professor of Mathematics in Fairmount College. (New York: 
Orange Judd Company, 1908. Pp. xi, 369. $2.) 

The topics discussed in this book may be grouped under two 
heads, namely, the cultural and the commercial aspects of the 
wheat industry as applied to conditions prevailing in the United 
States. Under the first the author describes the wheat plant, dis- 
cusses its natural environment and the ways and means by which 
it is improved, treats of all the cultural phases of wheat production 
such as soil preparation and tillage, crop rotation, the use of ferti- 
lizers, irrigation, diseases and insect enemies, the methods of har- 
vesting, etc., and compares the yields secured and the cost of 
production in the different wheat growing sections of this country 
with the corresponding data for other countries. 

Under the second head, the commercial side of the wheat indus- 
try, the book considers transportation, storage, marketing, prices, 
consumption, production, and movement. The work contains 
seventeen chapters and in nearly every case a whole chapter is 
devoted to each of the different topics enumerated 

Historical notes on cultural practices, the evolution of our 
seeding and harvesting machinery, the development of the thresher, 



BOOK REVIEWS 33 

the growth of the mill, and on other phases of this kind form a com- 
mendable feature of the work. Special value is also inherent in the 
discussions of the commerce of this great and staple crop. The 
movements of the grain are followed from the local market to the 
seaboard and to the foreign country. While the author treats 
many of these topics from an economic point of view, the book, as 
its title indicates, does not present an abstract study of the econo- 
mics involved in the wheat industry, but endeavors rather to lay 
before the reader descriptive and statistical facts the possession of 
which is necessary before conclusions can be drawn or solutions 
of problems suggested. Every step in this direction must be 
welcomed, for rural economics has not received the attention it 
merits or rather demands. 

The illustrations, as a rule, are well chosen. An extensive and 
fairly exhaustive bibliography in so far as American publications 
are considered shows that the data presented were derived from 
the latest and most reliable sources. 

J. I. Schulte. 

Washington, D. C. 

Mother Earth: A Proposal for the Permanent Reconstruction of Our 
Country Life. By Montague Fordham, with preface by 
J. A. Hobson. (London: The Open Road Publishing Com- 
pany, 1908. Pp. 157. Is. net.) 

This is an interesting little book. The author's aim is to out- 
line a scheme for the rehabilitation of agriculture and rural social 
life in England as a remedy for rural depopulation and the unem- 
ployed in cities. 

The plan for the reconstruction of agriculture has for its object 
" the increased happiness, health, and efficiency of the people, the 
production of more of the nation's food, and a wider distribution of 
wealth." The means proposed for the accomplishment of these 
ends are: (1) to grant to all citizens the right of access to land and 
capital; (2) the government regulation of the markets; and (3) 
state intervention to raise the wages of agricultural laborers and to 
fix a legal minimum wage throughout England. 

That these proposals involve stupendous difficulties the author 
himself recognizes, for his outline of the reconstruction of rural life